Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Italy - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (CIF) - 2023
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (FOB) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (CIF) - 2023
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $15,399 per ton in October 2023, dropping by -6.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in February 2023 when the average import price increased by 42% m-o-m. As a result, import price attained the peak level of $18,115 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($42,900 per ton), while the price for Spain ($8,688 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Portugal (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (FOB) - 2022
The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $8,236 per ton in 2022, which is down by -20.2% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 an increase of 62%. Over the period under review, the average export prices hit record highs at $12,807 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15,637 per ton), while the average price for exports to the United States ($3,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy
In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s imported into Italy surged to 193 tons, growing by 23% on the previous year's figure. Over the period under review, imports, however, recorded a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s soared to $2.5M in 2022. Overall, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 87%.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 453 | 290 | 724 | 958 | 28.4% |
| Denmark | 367 | 224 | 603 | 613 | 18.6% |
| Spain | 300 | 86.5 | 261 | 434 | 13.1% |
| Ireland | 163 | 7.0 | 84.1 | 177 | 2.8% |
| Germany | 8.9 | 124 | 86.0 | 147 | 154.7% |
| France | 2,297 | 129 | 76.6 | 81.2 | -67.2% |
| Portugal | 1.1 | 3.8 | 1.0 | 13.2 | 128.9% |
| Others | 126 | 151 | 59.4 | 60.3 | -21.8% |
| Total | 3,716 | 1,015 | 1,895 | 2,484 | -12.6% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Italy in 2022:
- Netherlands (76.4 tons)
- Spain (40.9 tons)
- Denmark (40.0 tons)
- Ireland (11.8 tons)
- Germany (11.3 tons)
- Portugal (4.5 tons)
- France (2.2 tons)
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy
In 2022, shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -3.4% to 51 tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 6.3% against the previous year. As a result, the exports reached the peak of 54 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s dropped remarkably to $419K in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 66.7 | 69.4 | 62.7 | 77.1 | 4.9% |
| Austria | 71.8 | 63.8 | 75.4 | 75.9 | 1.9% |
| Germany | 57.8 | 56.0 | 85.2 | 62.7 | 2.7% |
| United States | N/A | 16.8 | 18.3 | 59.1 | 87.6% |
| France | 39.1 | 42.8 | 63.1 | 52.2 | 10.1% |
| Belgium | 15.4 | 25.2 | 35.0 | 18.5 | 6.3% |
| Croatia | 17.1 | 8.9 | 9.8 | 17.6 | 1.0% |
| Switzerland | 170 | 1.9 | 11.3 | 4.6 | -70.0% |
| Canada | 35.3 | 72.8 | 44.0 | 1.5 | -65.1% |
| Hungary | 38.7 | 6.3 | 8.9 | 1.2 | -68.6% |
| Others | 119 | 129 | 130 | 48.4 | -25.9% |
| Total | 631 | 493 | 543 | 419 | -12.8% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Italy in 2022:
- United States (15.9 tons)
- Malta (8.9 tons)
- Austria (7.6 tons)
- France (4.4 tons)
- Germany (4.0 tons)
- Belgium (2.6 tons)
- Croatia (2.3 tons)
- Canada (0.3 tons)
- Switzerland (0.2 tons)
- Hungary (0.1 tons)
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